The Child Benefit idea
Child Benefit is €140 a month. Saved from birth to 18, that's €30,240. If it grew 3% a year, it would be about €40,000. Most families can't save all of it, but even part adds up.
Lullagram · lullagram.ie/moneyFive cards, one minute. Swipe or tap the arrows.
Safe and simple
Credit union and bank savings accounts, and State Savings from An Post, keep your money safe. They suit money you'll need in the next few years.
Lullagram · lullagram.ie/moneyFor the long haul
For money you won't touch for 10 years or more, some parents use investment funds. They can grow more and can also fall, so time is your friend here.
Lullagram · lullagram.ie/moneyTax is separate
Different savings are taxed differently. We don't cover tax here: Revenue's website explains how each is treated.
Lullagram · lullagram.ie/moneyYour next step
Choose the goal and the age, then the amount. For a decision about investing for your child, talk to a regulated adviser.
Lullagram · lullagram.ie/money1 of 5
What a monthly saving grows to by 18
Child Benefit or any amount over the years, with growth and prices. All free Lullagram tools
Your family's money dates, in Lullagram.
Free reminders before every payment and deadline, from pregnancy to your child's 2nd birthday, plus your pregnancy and baby tracker in one app. Made in Ireland.
Sources, checked 27 October 2026: Citizens Information, CCPC. General information, not financial advice; it doesn't know your circumstances. Lullagram Limited isn't authorised by the Central Bank of Ireland to give financial advice, so for a decision about your own money, talk to a regulated adviser.